No-deal Brexit is at 50% chance: Deutsche Bank


No-deal Brexit is at 50% chance: Deutsche Bank

Deutsche Bank said on Wednesday it still sees a 50% probability of a no-deal Brexit or Britain leaving the European Union without an agreement. However, it shed a 20% possibility of Britain making a “surprise” agreement before the end of the month.

Moreover, the bank gave a 40% chance of a caretaker government in the making and a general election to be held.

Deutsche also yielded a 25% chance for an orderly Brexit scenario, a second scrapping of Brexit altogether.

While the other alternative case, having a 25% probability, would be a no-deal Brexit as a resolve from the general election.

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